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20121205
20121213
Search Results 0 to 19 of about 20 (some duplicates have been removed)
the white house a counterproposal in response to a new plan president obama offered up privately yesterday. a boehner aide said the g.o.p. is waiting for the president to identify spending cuts, a point the speaker made on the house floor earlier today while white house press secretary jay carney called on republicans to get serious about revenue. >> where are the president's spending cuts? the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. now, if the president doesn't agree with our approach, he's got an obligation to put forward a plan that can pass both chambers of the congress. because right now the american people have to be scratching their heads and wondering when is the president going to get serious? >> on that question of whether or not we have put forward specific spending cuts, the answer is is we have. not only that, we signed law a trillion dollars in specific spending cuts. so if you combine what is signed into law with what we proposed versus the total absence of any specificity from the republicans for a single dollar in r
: house speaker john boehner. the top republican today accused president obama of, "slow walking", the economy to the edge of the cliff. he repeated his call for the president to send congress a plan that can pass both houses of congress. tax rates are the major sticking point. the president wants to raise them for america's highest earners, house republicans strongly oppose: >> instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington's got a spending problem, not a revenue problem. >> tom: congress and the president have 24 days to reach a deal, before the fiscal cliff's tax hikes and spending cuts take effect. >> susie: mark zandi says "bad things will happen to the economy pretty fast" if lawmakers don't settle the fiscal cliff issue. he's chief economist of moody's analytics. so mark falling off the fiscal cliff means bad things. how bad? >> it could be quite bad, susi
. it has been over a month now since a americans gave president obama four more years in the white house. there are now more minority voters than ever before. and in large part, the republican candidate lost because he failed to reach out to them. if your than one in three latino's failed to vote -- fewer than one in three latino's failed to vote for mitt romney. what will the republican party need to do to get the hispanic vote? >> at a christmas party outside of boston, republicans are not feeling particularly festive -- outside of austin, republicans are not filling a particularly festive. they know they have a challenge in front of them. within two years, hispanics will outnumber whites in texas. >> if you want to know what the future of the republican party is, go to a national convention and stand on a chair and turn around 360 degrees, look at everybody, and then pick any street in the united states and put a share there and turn around 360 degrees and see if the outside convention looks like the inside of the convention. i will give you a hand, it does not. >> hispanic republican
. the house passed the legislation last month. president obama has pledged to sign it into law. it was all smiles today for the duchess of cambridge, as she left a london hospital. the former kate middleton was discharged after being treated for severe morning sickness. the duchess emerged with her husband, prince william, three days after being admitted. the hospital stay prompted royal officials to announce her pregnancy to the public. those are some of the day's major stories. now, back to jeff. >> brown: and to egypt. within the last 24 hours the country has seen the worst violence since president mohamed morsi was elected in june. seven people were killed and more than 600 hurt during overnight clashes in cairo outside the presidential palace. we have a report from jonathan rugman of "independent television news." >> reporter: last year, they ousted a dictator. last night, they turned against one another. religious and secular egyptians fighting outside the palace of their first freely-elected president. after riot police gave up keeping the two warring sides apart. seven people were
they do and why they're looking for help. >> susie: and house speaker boehner accuses president obama of wasting another week in the fiscal cliff negotiations. >> tom: that and more tonight on
since the election, president obama rejected a proposal from house speaker john boehner. he spoke on bloomberg television. >> unfortunately the speaker's proposal right now is still out of balance. i'm happy to entertain other ideas that the republicans may present. but we are not going to simply cut our way to prosperity or to cut our way out of this deficit problem that we have. we're going to need more revenues. in order to do that, that starts with higher rates for the folks at the top. >> reporter: the president did say today he would consider lowering rates again for the top two percent next year as part of a broader tax overhaul. the house republican plan envisions $2.2 trillion in deficit reductions over the next decade. $800 billion would come from new revenues but with no hike in tax rates for top earners. instead the plan relies on $1.2 trillion in reduced spending including $600 billion from changes in medicare and medicaid. at the white house today, the president met with a bipartisan group of governors pressing his own plan for deficit reduction. that proposal, $1.6
: and house speaker boehner accuses president obama of wasting another week in the fiscal cliff negotiations. >> tom: that and more tonight on
after super-storm sandy wreaked havoc along the new jersey shore, president obama met today with governor chris christie at the white house. the topic-- federal aid for storm recovery. the president is expected to ask congress for about $50 billion in additional emergency assistance. ruben ramirez is in seaside heights, new jersey, where business owners are striving to recover. ruben? >> reporter: thanks, tom. yes, nearly six weeks after super-storm sandy devastated this barrier island off the coast of new jersey, there's still a curfew in place. a lot of the traffic you see behind me is a lot of those longtime residents from the island and business owners who have been going back day in and day out, trying to recover and repair whatever's left. some of those business owners we had a chance to speak to today. they say they'll reopen come next summer. >> you've kbchb in business 33 years, have you seen this sort of devastation before. >> no, nothing like this. we-- that's the reason we stayed because they were explaining that there was going to be a terrible storm. but we, of
've got some serious differences. >> woodruff: that downbeat assessment from house speaker john boehner came after he and president obama traded fresh offers this week. >> we spoke honestly and openly about the differences we face. but, the president's calling for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> woodruff: the president originally sought $1.6 trillion in revenue over 10 years, before lowering his target to $1.4 trillion. the money would come from raising rates on the top two percent of wage earners and curbing loopholes. boehner's counter was little changed-- $800 billion in revenues from closing loopholes and capping deductions, but no rate hikes. republicans have also demanded entitlement reform, and in a tuesday interview, the president would not rule out raising the medicare eligibility age by two years to 67. today, his white house spokesman, jay carney, summed up. >> he is willing to make tough choices and he has made clear and specified the spending cuts he is willing to make and he is willing to go further as part of a broader deficit
competitive. >> any wiggle room in the house, charles? >> i don't understand when colby says for the president raising rates is a matter of principle. there was no principle involved. obama himself said at a briefing in july 2011 press conference that you can raise the $1.20 trillion that he wanted at the time without raising rates, by doing it by eliminating deductions and exclusions, which is the more rational way. obama's, and debt reduction commission had recommended that you raise tens of revenue for the federal government, you do tax reform, and you actually lower rates while you expand the base, and the reason is that if you raise rates, you injure economic expansion, if you lower them, you exhilarated, and by making deductions, you make the tax system a more fair wind. you have the lawyers who work around the rates and and they have lobbies -- >> may i say -- >> no principle involved? >> i heard the july 2011 statement argument first ramesh lemmel. -- first from rush limbaugh. i think i heard it from drudge -- >> did you see it on tape? >> i know where it comes from and you repeated qu
. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: president obama made another foray outside washington today, trying to build public support for a fiscal cliff agreement. it came a day after he resumed talking with the top house republican, and as a year-end deadline moved even closer. the president took his public campaign for a deficit deal on his terms to the daimler diesel plant in redford michigan. >> if congress doesn't act soon meaning in the next few weeks, starting on january 1, everybody is going to see their income taxes go up. it's true. y'all don't like that? >> no! woodruff: instead, mr. obama again pressed for raising tax rates on the top two percent of incomes. >> and that's a principle i won't compromise on because i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks and then we're asking students to pay higher student loans. >> woodruff: his michigan visit came a day after the president and house speaker john boehner met privately at the white house. their first one-on-one ses
stalemated over how to avoid automatic tax hikes and spending cuts, come january. house speaker john boehner did speak by phone to president obama this week, and it was widely reported the two have agreed to negotiate directly with each other. but boehner said today, "there's no progress to report." >> four days ago, we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> sreenivasan: the president has insisted there will be no deal unless republicans agree to raise tax rates on the top 2%. republicans say the tax hikes would only hurt job creation. but in arlington, virginia, vice president biden said today's jobs report shows the economy is turning a corner, so it's critical to get a deal. >> there is a sense... there is a sense that if we can reach an- - act like adults and reach an agreement here on the fiscal cliff, the upside is much higher e
? clearly they're saying get your financial house in order. >> so i think the first thing is they like president obama. they just do. he is a beloved figure in almost every corner of the world. i would start with that. and secretary clinton they are highly respected, highly admired in every corner of the world and that helps. there's nothing wrong with that. number two, i would say american entrepreneurship and capitalism is still the model that people want. the third thing i'd say is the politics in the u.s. as seen from afar are ugly, are brutally ugly. and -- >> rose: they wonder why america can't deal with its problems and has gridlock in washington? >> i think people look at that and say this is a country that's so admired. why can't we do -- why can't people just compromise and get along and things like that. i would go beyond that to say the dollar is the reserve currency. every american benefits from that. every american. 300 million plus of us all benefit from the fact that we're the reserve currency. now, you know yoshgs default on your debt or you lose your debt ratings a fe
that they're not giving much. the white house feels very burned by the 2011 debt ceiling negotiations. they feel like they have the leverage. and they're leaving it up to boehner to capitulate. >> do you think that president obama feels that he has unilateral control of the purse? >> no, but they think that they have enough leverage that they can force republicans to put the debt ceiling into any package that they eventually come up with. and if they don't, he feels like there is some other way that he can force them to deal with this issue. >> if this is a power of the purse issue and it falls on congress, not on the president, the president would be overstepping his power. because he -- does he want to have unilateral control defacto of the purse? >> no, i don't think i wants unilateral control. what he wants to do is force the republicans in the house to do what he wants. >> which means he wants control. >> well, i mean it is a political issue, okay? the republicans have their own abilities to lean back against the democrats on all of this and against obama and i suspect they will
Search Results 0 to 19 of about 20 (some duplicates have been removed)